Samie Modak, Sundar Sethuraman, Bhavini Mishra, BS Reporter

Stories by Samie Modak, Sundar Sethuraman, Bhavini Mishra, BS Reporter

'One Can't Monopolise Captain Cool'

'One Can't Monopolise Captain Cool'

Rediff.com   18 Jul 2025

If the 'Captain Cool' trademark goes through, it could trigger a wave of similar attempts by celebrities to trademark nicknames given to them by fans.

'Sensex Is Barometer Of Economy And Capital Markets'

'Sensex Is Barometer Of Economy And Capital Markets'

Rediff.com   18 Jul 2025

'BSE has facilitated nearly Rs 35 trillion in capital raising across multiple segments.'

SBI eyes Rs 25,000 crore via record QIP, sets floor at 2.5% discount

SBI eyes Rs 25,000 crore via record QIP, sets floor at 2.5% discount

Rediff.com   17 Jul 2025

State Bank of India (SBI), the largest lender in the country, has launched a share sale to institutional investors to raise upto Rs 25,000 crore, the biggest qualified institutional placement (QIP) so far by an Indian firm, and has set a floor price of Rs 811.05, which is at a 2.5 per cent discount on Wednesday's closing price.

Jane Street puts lens on high-frequency trading, quant firms

Jane Street puts lens on high-frequency trading, quant firms

Rediff.com   15 Jul 2025

Sebi aims to stay proactive as HFT and quant firms like Citadel Securities, Optiver, Millennium, and IMC Trading are expanding rapidly in India, which is home to the world's largest derivatives market by contracts traded.

Delhi HC stays Rs 1,140 crore angel tax demand against Oyo

Delhi HC stays Rs 1,140 crore angel tax demand against Oyo

Rediff.com   12 Jul 2025

The Delhi high court on Friday stayed a Rs 1,140 crore angel tax demand raised by the Income Tax department from hospitality and hotel aggregator Oyo's parent company Oravel Stays Private Limited for the assessment year 2020-21. The tax demand was issued under Section 56(2) (viib) of the Income Tax Act, commonly known as the "angel tax" provision, which applies when unlisted companies issue shares at a value exceeding their "fair" market price.

IPO Pipeline Swells with 118 DRHPs

IPO Pipeline Swells with 118 DRHPs

Rediff.com   11 Jul 2025

Experts say the robust filing suggests the second half of the year will see large-scale issuances, provided the markets remain supportive.

Promoter holdings in private listed firms drop 600 bps to 37% since 2021

Promoter holdings in private listed firms drop 600 bps to 37% since 2021

Rediff.com   9 Jul 2025

Promoters of India's top private listed companies have cut their stakes sharply since 2021, taking advantage of elevated valuations and reshaping ownership dynamics in the market. Holdings of promoters in the top 200 privately owned listed firms declined nearly 600 basis points (bps) to 37 per cent at the end of FY25, from 43 per cent in FY21.

Can Numbers Be Trademarks?

Can Numbers Be Trademarks?

Rediff.com   4 Jul 2025

Delhi high court ruling on numbers as trademarks could be a trendsetter.

Takedown Orders: X Takes On Govt

Takedown Orders: X Takes On Govt

Rediff.com   2 Jul 2025

X calls the home ministry's Sahyog portal a 'censorship portal', stating it usurps judicial functions.

Dispute with Biyani-led Future group: Amazon awarded Rs 23.7 cr in damages

Dispute with Biyani-led Future group: Amazon awarded Rs 23.7 cr in damages

Rediff.com   30 Jun 2025

The Singapore International Arbitration Centre (SIAC) has awarded Rs 23.7 crore in damages, besides arbitration and litigation costs, to Amazon in its long-running dispute with the Kishore Biyani-led Future Group. The three-member bench of the tribunal held that Future Group had breached the terms of its contract with Amazon by entering into a transaction with Reliance.

Why Lawyers Are Unhappy With ED Summons

Why Lawyers Are Unhappy With ED Summons

Rediff.com   30 Jun 2025

'In no way can an advocate be considered responsible for his or her client's actions.'

Why Is SEBI Probing A Trading Giant?

Why Is SEBI Probing A Trading Giant?

Rediff.com   21 Jun 2025

Sebi's probe against Jane Street is part of its efforts to mitigate losses for individual derivative traders.

A pause, then a pulse in demat growth

A pause, then a pulse in demat growth

Rediff.com   16 Jun 2025

About 2.2 million new dematerialised (demat) accounts were opened in May, raising the total to 196.6 million as stock prices continued their upward trend.

For Now DIIs In Driver's Seat...

For Now DIIs In Driver's Seat...

Rediff.com   16 May 2025

The interplay between domestic and foreign capital will shape India's equity markets.

Where Have All The Share Buybacks Gone?

Where Have All The Share Buybacks Gone?

Rediff.com   15 May 2025

Without changes to the taxation rules, buybacks are expected to remain scarce.

DIIs overtake FPIs as dominant investors in Indian markets in March quarter

DIIs overtake FPIs as dominant investors in Indian markets in March quarter

Rediff.com   3 May 2025

Domestic institutional investors (DIIs), mostly mutual funds and insurance companies, overtook foreign portfolio investors (FPIs) in ownership of NSE-listed companies in the March quarter of 2025. According to Prime Database, DIIs held a 17.62 per cent stake, up from 16.89 per cent in the December 2024 quarter.

SC scraps IBC buyout of Bhushan Power & Steel by JSW Steel

SC scraps IBC buyout of Bhushan Power & Steel by JSW Steel

Rediff.com   3 May 2025

The Supreme Court on Friday declared JSW Steel Limited's resolution plan for Bhushan Power & Steel Limited (BPSL) "illegal" and ordered the latter's liquidation, four years after the company was acquired by JSW Steel under the Insolvency and Bankruptcy Code (IBC). Following the ruling, JSW Steel shares fell sharply.

Meet Justice Bhushan Ramkrishna Gavai, the next CJI

Meet Justice Bhushan Ramkrishna Gavai, the next CJI

Rediff.com   30 Apr 2025

From demonetisation to sub-categorisation of Scheduled Castes to bulldozers, Justice Gavai has been part of several judgments.

No-contest clause in Ratan Tata's will raises questions on legal validity

No-contest clause in Ratan Tata's will raises questions on legal validity

Rediff.com   30 Apr 2025

The inclusion of a "no-contest" clause in Ratan Tata's will has caught the attention of India Inc, prompting a wave of interest among promoters of listed companies and business families. Legal advisors and estate planners are seeing a noticeable uptick in queries, as wealthy individuals look for ways to shield their legacies from courtroom battles.

From 96% holding to a sliver: How Gensol promoters made swift exit

From 96% holding to a sliver: How Gensol promoters made swift exit

Rediff.com   29 Apr 2025

When Gensol Engineering made its public market debut through a small and medium enterprises (SME) initial public offering (IPO) in September 2019, its promoters held a commanding 96 per cent stake. Now, that figure has shrunk to a "negligible" fraction.